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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17386 |
来源ID | Working Paper 17386 |
Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies | |
Stephen P. Holland; Jonathan E. Hughes; Christopher R. Knittel; Nathan C. Parker | |
发表日期 | 2011-09-01 |
出版年 | 2011 |
语种 | 英语 |
摘要 | Instead of efficiently pricing greenhouse gases, policy makers have favored measures that implicitly or explicitly subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies currently in use: ethanol subsidies, a renewable fuel standard (RFS), and a low carbon fuel standard (LCFS). Our simulations confirm that the alternatives to CAT are quite costly-2.5 to 4 times more expensive. We provide evidence that the persistence of these alternatives in spite of their higher costs lies in the political economy of carbon policy. The alternatives to CAT exhibit a feature that make them amenable to adoption-a right skewed distribution of gains and losses where many counties have small losses, but a smaller share of counties gain considerably-as much as $6,800 per capita, per year. We correlate our estimates of gains from CAT and the RFS with Congressional voting on the Waxman-Markey cap & trade bill, H.R. 2454. Because Waxman-Markey (WM) would weaken the RFS, House members likely viewed the two policies as competitors. Conditional on a district's CAT gains, increases in a district's RFS gains are associated with decreases in the likelihood of voting for WM. Furthermore, we show that campaign contributions are correlated with a district's gains under each policy and that these contributions are correlated with a Member's vote on WM. |
主题 | Public Economics ; Taxation ; Other ; Law and Economics ; Industrial Organization ; Regulatory Economics ; Industry Studies |
URL | https://www.nber.org/papers/w17386 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575060 |
推荐引用方式 GB/T 7714 | Stephen P. Holland,Jonathan E. Hughes,Christopher R. Knittel,et al. Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17386.pdf(2111KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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